Difference between revisions of "Profit"
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| − | Profit is the excess of total revenue over total cost for a [[business]]. | + | '''Profit''' is the excess of total revenue over total cost for a [[business]]. |
Alternatively, it is the return to anyone or anything that engages in an [[entrepreneurial]] activity. | Alternatively, it is the return to anyone or anything that engages in an [[entrepreneurial]] activity. | ||
[[category:accounting]] | [[category:accounting]] | ||
[[category:economics]] | [[category:economics]] | ||
Revision as of 17:29, September 23, 2008
Profit is the excess of total revenue over total cost for a business.
Alternatively, it is the return to anyone or anything that engages in an entrepreneurial activity.